📚 noun • entry_id 57999
sharing economy
Meanings (ES + gloss)
economía colaborativa • economía compartida
A system of economic exchange in which participants interact in a direct and cooperative manner, often with the aid of social media, to produce, market, and consume goods, services, and resources.
The sharing economy reveals a return to behaviors such as bartering and to legal forms like co-operatives.
Tight economic times and a growing openness to strangers thanks to the Internet have given rise to the "sharing economy." People are logging on to sites and apps to rent out their…
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